Written by Abhishek Bondia/ moneycontrol /AUGUST 09, 2022 / 10:30 AM IST Healthcare costs have been rising, and the same is true for health insurance premiums. Given this, a significant number of corporate employees avoid buying personal health insurance. While avoiding a health plan can help you save money in the short term, this can […]
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Here’s how to claim health insurance from your office cover and personal cover at the same time
Hospital costs are increasing at a rapid rate. Medical inflation is considered to be growing at a faster rate than general inflation. In such a scenario, it is increasingly common for individuals to exhaust their policy limits. A thorough approach to filing a claim can ensure that out of pocket expenses are minimised. Published on […]
Supplement your corporate health plan with personal insurance policy
In view of the rising incidence of health issues, increased cost of hospitalisation, employees should have a second line of coverage. Published on Money Control on MAY 26, 2022 || Written by – ABHISHEK BONDIA Nureca, a healthcare and wellness products distributor company, IPO listing date was on February 25, 2021, it listed at 58.74 percent premium to Rs […]
How to increase fire insurance adoption of homes and small businesses?
SME and home insurance products have a large potential market. An easy-to-understand product that is attractively priced will help drive adoption Published in MoneyControl, Feb 24, 2021 || Written By – ABHISHEK BONDIA What is more risky to insure – 100 warehouses having inflammable chemicals in 100 drums each or one warehouse with 10,000 drums of […]
Are the wellness benefits that come bundled with health insurance covers worthwhile?
The real cost to insurers is low. Not surprisingly, the impact achieved is low too Published in MoneyControl, JANUARY 06, 2021 || Written By – ABHISHEK BONDIA Last week, one of our clients called to inquire about the complementary health check-up bundled with her health insurance plan. Otherwise healthy, her doctor had advised a battery of diagnostic tests […]
Why young couples must cover maternity costs via health insurance?
It is important to recognize that maternity has several direct and indirect expenses, which can be mitigated through proper insurance planning. Published in MoneyControl, Dec 30, 2021 || Written By – ABHISHEK BONDIA Maternity is a frequently claimed expense under health insurance. However, maternity still remains substantially un-insured and under-insured. Over the years, the cost of […]
How to buy the best insurance cover for senior citizen parents?
It’s best to buy insurance at an early age but most of our parents are either without an insurance cover or very inadequate cover. A standalone health insurance policy is often the best choice, but expensive to buy after 60. Here are some other options. Published in MoneyControl, Mar 09, 2022 || Written By – ABHISHEK […]
How can an employer differentiate its overall Employee Benefits design?
There are many facets to preparing a design for an optimum employees benefits program. Below are a few tips that will help you stay ahead and relevant – Aligning the employee-benefit strategy with the overall business objective of the company. You need to periodically revisit the benefits strategy to ensure that it supports business […]
How does the GIPSA package work?
GIPSA stands for General Insurance Public Sector Association. It is an association of the four public sector general insurance companies, namely : The New India Assurance Company Ltd, National Insurance Company Ltd, United India Insurance Company Ltd, & The Oriental Insurance Company General Insurance Public Sector Association packages cover commonly occurring ailments like cataracts, kidney […]
Liability insurance is offered as an add-on with home policies
Liability insurance is offered as an add-on with home policies Published in Livemint. Written by Abhishek Bondia We made a claim on our family health insurance, which we have been renewing for the past 10 years, in 2016 for my husband’s appendix operation. There were no claims before or after that. Will the subsequent years […]